Deputy Prime Minister Cited the Russian Energy Balance as an Example for Other Countries

Deputy Prime Minister Overchuk named the consequences of climate change, which Russia is facing Deputy Prime Minister Alexei Overchuk said at the COP26 conference that 86 percent of the country's energy balance is already accounted for by clean energy sources, which should set an example for other states. This is reported by RIA Novosti.

“Eighty-six percent of our energy generation is based on the energy of the sun, wind, natural gas, nuclear and hydroelectric power plants. Russia is already an example of low greenhouse gas emissions, “Overchuk said.

During his speech, he stressed that Russia is facing the consequences of climate change. Examples he cited included events such as permafrost thawing, wildfires and soil degradation. According to him, the country is making great efforts to fight climate change and is going to continue this fight further.

Moreover, he spoke in favor of ending discrimination against other countries so that every state has access to clean technologies. He also invited other countries to participate in joint projects with Russia to mitigate climate change.

Earlier it became known that more than 450 financial companies from 45 countries of the world have united in the Glasgow Financial Alliance for Carbon Neutrality (GFANZ), which aims is the fight against climate change. Banks, insurance, audit companies, stock exchanges, rating agencies and pension funds became participants in the initiative.

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